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Wayna Taucaray Group
In this Group: Griselda, Juana, Fernanda, Valeriano, Claudia, Lourdes, Albina, Benigno, Hermelinda*, Carmen, Joysi, Augusto, Esmeralda, Julia
* not pictured
These members belong to the Communal Bank “Wayna Taucaray” which is located in the District, Province, and Department of Cusco.


Srta. Griselda is one of the members. She is 28 years old and single. Griselda works in her own business selling packets of eggs. She sells at the market on Sundays, but on other days she helps her mother with her restaurant business. Griselda works from 8am to 7pm. She wants to improve her egg business as well as her mother’s restaurant. Griselda is requesting a loan to buy eggs and cooking supplies for the restaurant.


The other members sell “chicha” (a beverage made of corn), engage in transportation, sell groceries, work in construction, and sell fruits.


Griselda is grateful to be part this group so that she can fulfill her dream. She promises to complete her payments on time.

View original language description ↓
Los socios pertenecen al banco comunal “WAYNA TAUCARAY”; Este banco se ubicada en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

La socia es la Srta. Griselda; ella es soltera y tiene 28 años; La socia trabaja en su negocio de venta de huevos por paquetes, ella vende los días domingo en el mercado y los otros días ayuda a su mama en el negocio de restaurant, ella trabaja desde las 8:00 a.m hasta las 7:00 p.m, la socia quiere mejorar el negocio de huevos y también el negocio del restaurant. La socia solicita el préstamo para comprar huevos y productos para cocinar para el restaurant.

Los otros socios se dedican la venta de chicha, transporte, tienda de abarrotes, maestro de construcción y venta de frutas.

La socia agradece a quienes forman parte de este sueño mediante este medio y se compromete a cumplir con el pago de sus cuotas en el plazo establecido.





Additional Information

Important Information

About Asociación Arariwa
Asociación Arariwa is a large non-governmental organization that started offering microcredit in 1994 to improve the quality of life, skills and equity of the population in the rural Cusco region of Peru. Arariwa serves the southern Andean provinces of Peru, and is distinguished by its efforts to reach the very poor, who often live in isolated rural areas. Arariwa fosters village banking, supports savings accounts, promotes access to education, and empowers women entrepreneurs (who make up 78% of its borrowers).

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Peru

  • $6,715
    Average annual income
  • 64
    View loans »
    Peru Loans Fundraising
  • $53,959,050
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Wayna Taucaray Group's $4,450 loan helped a member to purchase eggs and cooking supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 8, 2011
Listed
Apr 19, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2011